CHICAGO The interest rate hike announced today by the Federal Reserve is a major milestone for retirees, who have been caught between a rock and hard place ever since the Great Recession, with zero interest rates and higher-than-average inflation. The Fed’s qu... More »
LOS ANGELES For everyone who has been saying interest rates can only go up, well – now is their time. But what does the Federal Reserve’s decision to raise interest rates actually mean for your wallet? Probably not much for the near-term. One small interest ra... More »
CHICAGO The sound of gunshots in Harlem in 1997 was nothing new to Jamal Joseph, who was then a 44-year-old filmmaker living in the New York City neighborhood. “You’d hear gunshots every night,” he recalled. “The crack epidemic was raging- the neighborhood was... More »
LOS ANGELES Millennial parents are far more likely than their predecessors to save for their children’s educations and far more of them want to pay the whole tab for college, according to a survey. Whether they will be able to do so is questionable, though, gi... More »
LOS ANGELES Parent education loans can help your child attend the college of her dreams — and sink any dreams you had of ever retiring. The grim reality is that the federal PLUS loan program allows parents to borrow far more than they can comfortably, or even ... More »
NEW YORK Which would you prefer: Naked pictures of yourself circulating on the Internet or a breach of your financial data? According to a new survey from Mastercard, 62 percent of Millennials would rather have their nude photos leaked online than have their f... More »
